In the first 12 days of June, Obama has attended 21 fundraising events. All told, he has now attended 163 re-election fundraisers for his campaign and the Democratic Party – almost double the number George W. Bush attended in his entire first term (86) and more than any other president in history.

Even while Obama’s fundraising frenzy can be explained, it still means significant expense to taxpayers for costs of presidential travel and security that are not reimbursed by the campaign.